14
Dec
10:55
Henan approves Anyang Steel's restructuring plan
The listed company of Henan Anyang Iron & Steel Group publicly announced that the Henan Provincial Government has approved the Group's mixed ownership reform plan. This means that Anyang will introduce new strategic investors, including private companies, Kallanish notes.
The plan will proceed in two steps. Firstly, 100% equity of Anyang Steel Group and 20% equity of Anyang Steel will be transferred to Henan Machinery Investment Group. The latter, lik…
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Anonymous
Very good overview of the weekly steel market.
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